While gas prices dropped across the nation and in many Wyoming counties over the past week, Laramie County’s fuel prices remained stable, Cap City News reports.
According to data from GasBuddy, the national average price for gasoline fell by 5.3 cents, reaching $3.07 per gallon, the lowest level since January. Diesel also experienced a significant decrease, declining 2.6 cents to an average of $3.54 per gallon — the lowest it has been in over three years.
AAA reported a slight statewide decrease in Wyoming, with the average gas price falling 3 cents to $3.18 per gallon. However, in Laramie County, the average price stayed level at $3.18 per gallon, placing it in the mid-range of Wyoming’s county averages. The county’s lowest gas prices were recorded at $3.05 per gallon at Gasamat on East Lincolnway and $3.08 at Sam’s Club on Dell Range Boulevard.
Meanwhile, Natrona County posted the lowest average gas price in Wyoming at $2.89 per gallon, and Goshen and Sweetwater Counties also recorded relatively low prices at $2.99 and $3.04 per gallon, respectively.
GasBuddy’s analysis credits the recent price declines to lower seasonal demand, reduced tensions in oil markets due to a pause in the Israel-Iran conflict, and a slight increase in domestic oil inventories. This fall trend is typical for autumn as colder weather reduces demand for gasoline. Patrick De Haan, head of petroleum analysis at GasBuddy, noted that despite assumptions linking price changes to political events, market forces largely dictate these shifts, with further declines expected as winter approaches.
Oil prices also saw a decline. The price of West Texas Intermediate (WTI) crude oil dropped to $68.64 per barrel, while Brent crude fell to $72.87 per barrel. Both were down from the previous week, as global factors like a modestly rising oil inventory and ongoing economic challenges in China reduced buying interest.
